Elite Bargainz Ltd

Elite Bargainz Ltd, hailing from Birmingham, UK, is a small, active company established two years ago. Currently, confirmation is overdue by two months, and the company holds just £481 in assets. Run by a single director and owner – a solo founder – it operates an e-commerce site specializing in retail sales via mail order and internet.

The website, Misa Bargains, offers a wide range of household goods, health products, food, stationery, and pet supplies. It’s clearly focused on offering competitive prices, with free shipping on orders over £40 and a focus on brands like Lenor and Softlux toilet rolls. The site’s design is simple, but functional, with a focus on product listings and easy navigation. There’s a clear emphasis on value, with frequent sales and promotions.

Financially, Elite Bargainz Ltd’s report paints a picture of a very small business still in its early stages. Net assets are a negative £1300, indicating more liabilities than assets. Cash reserves are a modest £240, and bank borrowings have increased, suggesting a reliance on external funding. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the negative equity is a cause for concern. Creditors have remained relatively stable, which is a positive sign. There's no mention of an auditor, which is typical for a small, exempt company.

While the e-commerce site appears active and offers a diverse range of products, the financial data suggests Elite Bargainz Ltd is navigating a challenging period. It's a story of a small business trying to establish itself in a competitive market, and it’s clear they are working hard to keep costs down and attract customers.

Registered in England/Wales under the registration number 14574868, with a registered address at B6 6LE, England, Birmingham, 62 Witton Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.